Credit card debt has hit its lowest level in more than 15 years, with Australians choosing alternative lending models. 

Figures from the Reserve Bank of Australia show outstanding amounts on credit cards have dropped to their lowest level since 2004. 

John Stanley speaks to Sally Tindall, RateCity Research Director about why we are moving away from that fantastic plastic. 

Credit card debt has hit its lowest level in more than 15 years, with Australians choosing alternative lending models.&nbsp;
Figures from the Reserve Bank of Australia show outstanding amounts on credit cards have dropped to their lowest level since 2004.&nbsp;
John Stanley speaks to Sally Tindall, <a href="https://www.ratecity.com.au/?utm_source=google_sem&amp;utm_medium=ratecity_sem&amp;utm_campaign=[Brand]-Brand-Terms&amp;utm_term=rate%20city&amp;utm_campaign=%23%5BBrand%5D-Brand-Terms&amp;utm_source=adwords&amp;utm_medium=ppc&amp;hsa_acc=7521099484&amp;hsa_cam=51606953&amp;hsa_grp=1586975813&amp;hsa_ad=445469242544&amp;hsa_src=g&amp;hsa_tgt=kwd-4181108029&amp;hsa_kw=rate%20city&amp;hsa_mt=e&amp;hsa_net=adwords&amp;hsa_ver=3&amp;gclid=CjwKCAjwzvX7BRAeEiwAsXExowNowvDvXgNfdRFJKonTOxxJ2OUqCJaJryiL1Z11-7wL6XJ4xz8ZzRoCq4UQAvD_BwE">RateCity</a> Research Director about why we are moving away from that fantastic plastic.&nbsp;

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